How do I prepare myself to obtain a million buck loan?

How do I prepare myself to obtain a million buck loan?

I’d like to preface this by saying the one thing: I do not need to get a million buck loan now, but i wish to obtain a million buck loan enough time that is next housing market corrects itself.

Having said that, i have determined that after the housing marketplace falls, i wish to spend a million bucks right into a commercial estate property that is real.

I understand that at this time, it is impossible any bank would loan me http://www.speedyloan.net/reviews/spotloan/ personally a million bucks, but exactly what are among the items that i could now do right to boost my convenience of financial obligation?

Several things i want some insight on: need for credit rating, just just what experience we’ll require, kind of lenders i will approach, down-payment i ought to have prepared, things i could do in order to appear less high-risk to banking institutions, etc.

Chris Mason (Moderator)

I would ike to preface this by saying a very important factor: I do not would like to get a million buck loan at this time, but i wish to get yourself a million buck loan the time that is next housing market corrects it self. Continue reading“How do I prepare myself to obtain a million buck loan?”